Johns-Manville Corporation Board of Directors Minutes on Plant Spending and the Research Center (1947)

Five pages of minutes of the J-M board meeting of July 16, 1947, in New York, kept and signed by Vandiver Brown as secretary, with R. W. Lea, the president, in the chair. The board heard that second-quarter sales were the highest ever recorded, backed capital spending at the plants (among it $70,650 for wet-spray dust collection equipment at the Lompoc, California, diatomaceous earth works, $15,000 to remodel a ranch house as living quarters for "Mexican Labor" at Lompoc, and new machines at Waukegan, Illinois), and put off a decision on enlarging the building planned for the new Research Center.